5.0 Legal Implications
5.1 There are no specific legal implications
6.0 Consultation and Responses
6.1 This report has been the subject of full consultation with Directorates and is agreed by Management Board
7.0 Conclusions and Recommendations
7.1 That the Executive
a. notes the information in the Q1 Performance Report
b. notes the forecast outturn position against the 2023/24 Revenue Budget, as summarised in paragraph 2.2.2.
c. notes the forecast outturn position for the Housing Revenue Account as set out in paragraph 2.3.1.
d. approves a preliminary allocation of £400k from the LGR Reserve to progress work on the North Yorkshire Local Plan in the first year (2023/24) and that the funding is delegated to the Corporate Director Community Development in consultation with the Executive Member for Open to Business as set out in paragraphs 2.6.2 to 2.6.3.
e. authorises the Corporate Director, Resources in consultation with the Chief Executive, Leader and Deputy Leader / Executive Member for Finance to implement a scheme for requests for funding from the LGR Reserve that total less than £1m with any proposals in excess of that requiring prior approval of the Executive as set out in paragraph 2.6.4.
f. approves the acceptance of the grants as set out in Appendix I as described in paragraphs 2.7.1 to 2.7.2
g.
notes the position on
the Council’s Treasury Management activities during the first
quarter of 2023/24
h.
refers this report to
the Audit Committee for their consideration as part of the overall
monitoring arrangements for Treasury Management.
i. approve the refreshed Capital Plan summarised at paragraph 4.2.3;
j. approve the provision of £1.0m of corporate capital pot funding to meet the cost of completing the fleet replacement programme commenced last financial year (paragraph 4.2.21); and
k. agree that no action be taken at this stage to allocate any additional capital resources (paragraph 4.5.10).
|
Richard Flinton Chief Executive 29 August 2023 |
Gary Fielding Corporate Director, Strategic Resources |